Wednesday, August 19, 2009

Buffett Warns of Threat of Rising U.S. Debt

Buffett Warns of Threat of Rising U.S. Debt -

The Oracle of Omaha has spoken and I believe that he is right in what he is saying. The government is spending money at an unprecedented rate and is running up a huge debt that we will be passing along to our children and their children.

What will future generations say about our spending? They will call us irresponsible and wonder why we didn't put our foot down with our elected representative.

If we have any concern for future generations, we need to put the brakes on all spending and work to reduce the deficit by acting fiscally responsible. We need to be good stewards of our money and "secure the Blessings of Liberty (financial liberty) to ourselves and our Posterity."

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